Tegel IPO

[JBmurc]

Tegel hits 130 there must be some confidence out there.

Yeah wishing I re-purchased when I had a chance ....instead funds gone elsewhere ....I'm sure there will be a few happy TGH buyers around with this bullish move of late

[Meextr]

Yeah wishing I re-purchased when I had a chance ....instead funds gone elsewhere ....I'm sure there will be a few happy TGH buyers around with this bullish move of late

If they went into your MCR I am sure you won't be complaining.

[JBmurc]

No different trading accounts but yes my ASX trading has been on fire of late....

[peat]

I'm picking there will be some resistance at the 1:30 level
There was support there ($1.30) which failed after a couple of tests , then it turned into resistance, and now we are back !


TGH-S-R.JPG

[JeremyALD]

I sold out today. I earnt back all the money I lost through the IPO so that was rewarding considering it was my biggest loss of 2016.

Reason I sold out is I don't think TGH is worth much more than $1.30. They hit the very bottom of wide guidance. Haven't had any runs of the board and it's been a bit of a shambles. Shares are now out of Eskrow and there are plenty of risks. As a result I think a 20% discount on IPO results are fair. The short term upside at $1.30 is not enough for me to continue with the risks. Might buy some more if it drops below $1.20 again.

[Valuegrowth]

No different trading accounts but yes my ASX trading has been on fire of late....

Today also it went up. TGH Closed at $1.290 on a volume of 1296,000 (appreciated by 2.38%).So far it is looking bullish.

It closed in Australia 1.250 +0.070 +5.93%

It is not a bad day for chickens and they outperformed the market.

[Meextr]

Today also it went up. TGH Closed at $1.290 on a volume of 1296,000 (appreciated by 2.38%).So far it is looking bullish.

It closed in Australia 1.250 +0.070 +5.93%

It is not a bad day for chickens and they outperformed the market.

Waiting for chickens coming home to roost, but not keeping all my eggs in one basket.

[hardt]

I sold out today. I earnt back all the money I lost through the IPO so that was rewarding considering it was my biggest loss of 2016.

Reason I sold out is I don't think TGH is worth much more than $1.30. They hit the very bottom of wide guidance. Haven't had any runs of the board and it's been a bit of a shambles. Shares are now out of Eskrow and there are plenty of risks. As a result I think a 20% discount on IPO results are fair. The short term upside at $1.30 is not enough for me to continue with the risks. Might buy some more if it drops below $1.20 again.

I am guessing that was your plan all along, good effort turning the loss around.

I think there is enough support out there for a continuing range above 130, what Affinity decides to do could break the bulls back so I am watching closely.

[Valuegrowth]

Waiting for chickens coming home to roost, but not keeping all my eggs in one basket.

I am also the same not keeping all my eggs in one basket but I love food, airlines, hotels and restaurants. They have more legs. Still we find attractive companies globally in above areas.

By the way, Tegel is moving on volume.

$1.310$0.020 / 1.55%

Trades	135
Value	$1,402,608.09
Volume	1,072,335

[hardt]

Quite a steep looking month, surely it is due for a pullback... happy if it hits 140 before then.